crude oil futures
about
Outstanding rights and interests
The number of open contracts that have risen to a record high and surpassed US crude oil futures has also reached a record high, because more
businessperson
keep
Brent crude oil
Location, in order to more truly reflect the situation of the global market.
By the end of March,
Intercontinental exchange
(229.33,
0.00,
0.00%)(ICE) Brent crude oil open contract increased to 65.438+0.99 million, while new york merchants
Foreign exchange futures
(NYMEX) The open contract of crude oil futures is 654.38+0.72 million.
For a long time, West
Texas
medium oil
(WTI) has always been the main indicator of crude oil futures, because the United States is the largest in the world.
energy consumption
Country,
importer
And the status of crude oil trading countries. along with
Shale oil and gas
The development of this situation has changed in this decade. The United States has become a major oil producer in the world, and its import demand has decreased. At the same time, the ban on crude oil exports in the United States means that domestic crude oil can only be stored at home. Zhela
West Texas intermediate crude oil
The price has fallen, so that it can't reflect the global market situation, and it also reduces the safe-haven appeal to traders.
At the end of 20 14, Brent crude oil open contract surpassed US crude oil futures. Bankers say there are several kinds of Brent crude oil.
Commodity index
The weight of WTI crude oil increases, while the weight of WTI crude oil decreases. List of Jesness's behaviors
vitality
Richard, a director in Asia.
Gorry said WTI used to be finance.
Market participants
The favor of petroleum products, but more
Hedge fund
The switch to Brent crude oil seems to have changed.
"I think that if WTI is still a regional crude oil variety, Brent crude oil will continue to benefit. If the United States can lift
export restriction
WTI crude oil may regain its dominant position, but the United States is unlikely to do so. "
Gorry said.